51job, Inc. (JOBS) Just Reaches 52-Week High?

May 17, 2018 - By Susan Price

The stock of 51job, Inc. (NASDAQ:JOBS) hit a new 52-week high and has $113.43 target or 8.00 % above today’s $105.03 share price. The 8 months bullish chart indicates low risk for the $6.54 billion company. The 1-year high was reported on May, 17 by Barchart.com. If the $113.43 price target is reached, the company will be worth $523.52 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.27% or $0.28 during the last trading session, reaching $105.03. About 75,903 shares traded. 51job, Inc. (NASDAQ:JOBS) has risen 131.12% since May 17, 2017 and is uptrending. It has outperformed by 119.57% the S&P500.

Analysts await 51job, Inc. (NASDAQ:JOBS) to report earnings on August, 2. They expect $0.62 earnings per share, up 34.78 % or $0.16 from last year’s $0.46 per share. JOBS’s profit will be $38.63 million for 42.35 P/E if the $0.62 EPS becomes a reality. After $0.54 actual earnings per share reported by 51job, Inc. for the previous quarter, Wall Street now forecasts 14.81 % EPS growth.

More recent 51job, Inc. (NASDAQ:JOBS) news were published by: Fool.com which released: “Accelerating Growth Gets the Job Done at 51job” on May 04, 2018. Also Seekingalpha.com published the news titled: “51job’s (JOBS) CEO Rick Yan on Q1 2018 Results – Earnings Call Transcript” on May 05, 2018. Seekingalpha.com‘s news article titled: “51job, Inc. 2018 Q1 – Results – Earnings Call Slides” with publication date: May 04, 2018 was also an interesting one.

51job, Inc., through its subsidiaries, provides integrated human resource services in the People's Republic of China. The company has market cap of $6.54 billion. The firm provides recruitment advertising services, including online recruitment services through its Websites comprising 51job.com, yingjiesheng.com, and 51jingying.com; and print advertising services through 51job Weekly, a city-specific recruitment advertising publication. It has a 108.84 P/E ratio. It also offers other human resource related services, such as business process outsourcing that consist of social insurance and benefits processing, regulatory compliance with local governmental employment regulations, and payroll processing; and conducts training seminars in business management, leadership, sales and marketing, human resource, negotiation skills, financial planning and analysis, public administration, manufacturing, secretarial, and other skills.

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